XOM - Golden State Goes After Oil Giants: Lawsuit Targets Profits From Misleading On Climate Change | Benzinga
On Monday, California Attorney General Rob Bonta filed an amended complaint targeting major fossil fuel companies like Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), Shell plc (NYSE:SHEL), BP p.l.c. (NYSE:BP), ConocoPhillips (NYSE:COP), and the American Petroleum Institute (API).
The amendment requires these companies to forfeit profits earned through illegal activities.
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The complaint, filed in San Francisco County Superior Court, also highlights recent instances of false advertising and greenwashing by the oil companies.
In September 2023, the Attorney General filed a lawsuit alleging that five major fossil fuel ...